Tourist Accommodation (Assessment Relief) Regulation

B.C. Reg. 405/88
O.C. 1804/88

Deposited September 30, 1988

This consolidation is current to October 21, 2025.

Tourist Accommodation (Assessment Relief) Act

Tourist Accommodation
(Assessment Relief) Regulation

Eligible class of property

1 For the purposes of the Tourist Accommodation (Assessment Relief) Act, property that comes within Class 6 — business and other, as prescribed by the Prescribed Classes of Property Regulation, B.C. Reg. 438/81, is designated as an eligible class of property.

Method of calculation

2 A reduction in assessed value of an eligible property shall be apportioned to the land and improvements in the same proportion as the assessed values of land and improvements of that eligible property.

[Provisions of the Tourist Accommodation (Assessment Relief) Act, R.S.B.C. 1996, c. 454 relevant to the enactment of this regulation: section 3]